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Buy ICON ICX, sell or exchange online?

how to buy icx

Using Icon’s loopchain technology, people from various industries can be connected and perform transactions in one network. More so, the Icon blockchain supports DEX or Decentralized Exchange. DEX enables different cryptocurrencies to link independently and uses the Banner Protocol to identify the exchange rates. The most convenient cryptocurrencies to deposit are Bitcoin (BTC) and Ethereum (ETH). They both have trading pairs with the vast majority of cryptocurrencies listed on Binance and therefore give you the greatest amount of flexibility.

how to buy icx

Before buying ICX, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of ICON has been performing recently. This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated.

How to buy ICON in 4 steps

In return, they’ll earn an allocation of the BALN token, the governance token of Balanced, along with a slice of trading fees earned for providing liquidity. When ICX is delegated, it becomes locked in the governance contract. Should a user wish to unstake, it takes around a week until they receive their tokens.

If you want to know more about these two projects, we have created in-depth guides about them. As a young cryptocurrency, ICX is still a little bit of an unknown, but also presents significant potential for growth. This guide is going to tell you how to get in on the action and invest in ICON.

ICX Value and Price

Notably, it wasn’t until January 2018 that ICON launched its mainnet. This maneuver was followed in June 2018 by ICON ICO investors receiving their ICX tokens. It’s very hard to find anywhere to buy ICX with Fiat currencies at this stage. So our guide is going to show you how to trade Bitcoin, Ethereum, Binance Coin or Tether for ICX on one of the world’s largest exchanges, Binance.


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